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the economy growing and get the jobs being created and that means more revenue -- >> let me ask you, i want to ask you directly. would you accept the piece-meal, let's just pass the tax -- extension of the bush tax cuts for the 98% of people under 250? >> it doesn't make any sense to us to raise taxes on job creators at this time of economic challenge. the equation is revenue, and spending. and, we can increase revenue without increasing the tax rates on anybody in this country, we can lower the rates, broaden the base, close the loopholes, as you have discussed. and put in place pro-growth policies in energy and health care and the regulatory policy and address the spending. and the spending that has to be addressed is, medicare, medicaid and social security. >> chris: just so i can clear this up, you are not -- boehner seemed to be saying, i am going to close some of the loopholes and use some of the revenue, use some of the revenue from closing loopholes to cut the deficit. are you accepting that or not. >> i think that is the way we can reach agreement and i think what many of us are sa
when you deal with entitlements you don't do anything that deals with the economy in the short term. $27 trillion problem which exists is medicare. that is where the focus needs to be. we can get to the appropriate revenue mix if we do that. >> senator you are in the -- you are a lame duck in the lame-duck session as your final act before you leave office is there a basis for a deal here? >> i absolutely believe there is. you can't settle every detail in these next few weeks. what you can do is agree on a framework agreement that sets out for the committees of jurisdiction how much they need to save, how much money needs to be raised, what we can also do is have a significant down payment so the markets understand what we can also do is have a back step so the committees of jurisdiction did not perform there would be a real consequence. >> the fiscal cliff that's what happens here. >> the difference is the fiscal cliff was designed not to happen. that is the sec quest tore across the board cuts 1.2 trillion was designed to be so own russ nobody would accept it. we need to have a bac
and vitality. get the economy rolling. get the jobs being created. that means yes more revenue -- >> chris: let me ask you this directly. would you accept the piecemeal let's just pass the tax -- extension of bush tax cut for the 98% of people under 250? >> it doesn't make any sense to us to raise taxes on job creators at the time of economic challenge. te ccasion is revenue and spending -- the occasion is revenue and spending. we can lower the rates, broaden the base. close the loopholes, as you discussed. put in place pro-growth policies and energy and healthcare and the regulatory policy. then address the spending. the spending that has to be addressed is medicare, medicaid and snore we'll get to spend -- >> chris: we'll get to spending in a second. boehner seemed to be saying i am going to close loopholes and use the revenue. not just growth, but use the re-knew from closing the loopholes to cut the deficit. are you accepting that or not? >> i think that is the formul formula. that is the way we reach agreement. you can close the loophole -- >> chris: it's not the growth. taking the money,
Search Results 0 to 10 of about 11 (some duplicates have been removed)

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